212 Energy Forecaster

Buying electricity in a real-time market is complex and requires many immediate decisions to be made.

• Should you buy some or all of your electricity on the day-ahead market?
• How much electricity should you leave to buy on the real-time market?
• What is your exposure, and what are the potential risks and benefits?
• How much should you hedge by buying electricity in long term contracts?
• Can you use your own generation capacity, when should you generate and how much should you generate?

Being better armed with knowledge of your load profile, when combined with Derceto?s ability to move significant electrical load, makes answering these questions much easier. Derceto will move load in response to day-ahead or real-time prices.

The Energy Forecaster shows you exactly how Derceto will respond to price signals, up to 48 hours ahead. Day-Ahead and Real-Time market prices arrive into Derceto automatically via live interfaces with your energy suppliers. Derceto works out the lowest cost pump schedule based on this pricing information. The Energy Forecaster lets you pick time windows and selectively include or exclude every electricity account from the calculation of load demand. You can work interactively with the tool using a range of prices and load profiles to determine your best purchasing strategy.

Filter data by date and/or account

Select the time period and the meter accounts you want to review. The Energy Forecaster produces a profile of kW use for every half hour, by account and in total. Results can be viewed numerically or graphically to give you an up to the minute summary of your projected electricity use.

Export your results into a variety of formats

Results can be exported directly in Excel format. When used interactively this tool improves your decision-making process, reducing risk in an uncertain market. As an optional part of the comprehensive suite of tools that make up the Derceto product it integrates tightly into the Derceto database, sharing data with both the Electricity Pricing tool and the Derceto Optimizer outputs. As the electricity industry moves towards deregulation Derceto and the or into text files for further processing. Import the results into your energy purchasing system for instant analysis and updating. Energy Forecaster produces the electricity load profile generated from Derceto’s optimal pump schedule. Energy Forecaster maximize your rewards when participating in this market. The water industry has the potential to store energy in above-grade storage tanks. Derceto’s ability to use this elevated storage to shift electrical load away from high priced time periods reduces the risk associated with unforeseen price changes.